I want to open an margin account with $50,000.00 at one of these brokerages and trade stocks and opt

[SunTrader]

$2,000 per month can easily be withdrawn, plan ahead and keep the risk at a manageable level. But the only way he can achieve his goals is through options - not stocks.

• Starting balance of $50,000 and $2,000 per month withdrawn for one year.

1. $50,000.00
2. $48,000.00
3. $46,000.00
4. $44,000.00
5. $42,000.00
6. $40,000.00
7. $38,000.00
8. $36,000.00
9. $34,000.00
10. $32,000.00
11. $30,000.00
12. $28,000.00
13. $26,000.00

And a newbie with lots of confidence (a bad, bad thing) should expect to have a $26000 balance at the end of a year - or lower.

 

[coplii]

I agree! Without a mentor a greenhorn can go through pain.